February 20, 2025
mayank
Bajaj Finserv Nifty Bank ETF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 49.8707
Suitable For Which Investors?
This is a fund that invests mainly in shares of banks and financial services companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The Scheme is to provide returns that are responding with the performance of the Nifty Bank Index, subject to tracking errors.
Fund Manager:
1) Haresh Mehta
Education: Mr. Mehta has done MBA and CFA
Experience: Prior to joining Bajaj Finserv AMC he was associated with Aditya Birla Sun Life AMC Ltd, Baroda BNP Paribas Asset Management India Pvt. Ltd and First Global Stockbroking Pvt. Ltd
2) Ilesh Savla
Education: Mr. Savla has done B.Com and MBA, Finance
Experience: Prior to joining Bajaj Finserv Mutual Fund, he has worked with Reliance Nippon Life Insurance, Equirus Securities and Maybank KimEng Securities, SBI Capital Markets, Emkay Global Financial Services Ltd, Citi and ENAM
Investment Details
| Min. Investment (Rs) | 500 |
| Min. Addl Investment (Rs) | — |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Bajaj Finserv Nifty Bank ETF
| Fund House | Bajaj Finserv Mutual Fund |
| Launch Date | 19-Jan-24 |
| Return Since Launch | 9.31% |
| Benchmark | NIFTY Bank TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 188 Cr |
| (As on 31-Jan-2025) | |
| Expense | 0.13% |
| (As on 31-Jan-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Bajaj Finserv Nifty Bank ETF
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Bajaj FinServ Nifty Bank ETF | -2.55 | 0.98 | 2.11 | -2.13 | -1.62 | 7.33 | — | — | — | — |
| BSE Bankex TRI | -2.22 | 0.99 | 2.81 | -2.02 | -1.66 | 7.92 | — | — | — | — |
| Equity: Sectoral-Banking | -3.64 | 1.03 | 0.33 | -2.93 | -3.26 | 4.32 | — | — | — | — |
| Rank within category | 22 | 31 | 15 | 26 | 18 | 14 | — | — | — | — |
| Number of funds in category | 59 | 60 | 59 | 58 | 54 | 48 | 30 | 21 | 16 | 12 |
Peer Comparison of Bajaj Finserv Nifty Bank Exchange Traded Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Bajaj FinServ Nifty Bank ETF | Unrated | 7.33 | — | — | 0.13 | 188 | 9.31 | — | 1Y 1M | — |
| Nippon India ETF Nifty Bank BeES | Unrated | 7.22 | 10.34 | 10.06 | 0.19 | 6,818 | 16.07 | — | 20Y 8M | 48.00 |
| Kotak Nifty Bank ETF | Unrated | 7.24 | 10.29 | 10.00 | 0.15 | 4,939 | 10.45 | — | 10Y 2M | 44.64 |
| SBI Nifty Bank ETF | Unrated | 7.25 | 10.34 | 10.08 | 0.20 | 4,002 | 10.92 | — | 9Y 11M | 35.00 |
| UTI Nifty Bank ETF | Unrated | 7.33 | 10.45 | — | 0.16 | 3,231 | 18.78 | — | 4Y 5M | 35.00 |
Portfolio Analysis of Bajaj Finserv Nifty Bank Exchange Traded Fund
| No. of Stocks | 12 |
| Top 10 Stocks | 95.24% |
| Top 5 Stocks | 78.82% |
| Top 3 Sectors | 99.99% |
| Portfolio P/B Ratio | 1.95 |
| Portfolio P/E Ratio | 13.54 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 4,75,332 | 3,22,878 |
| Giant (%) | 78.83 | 65.72 |
| Large (%) | 12.51 | 19.32 |
| Mid (%) | 8.66 | 13.37 |
| Small (%) | — | 5.68 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Bajaj Finserv Nifty Bank Exchange Traded Fund
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